Bell Inc. decided to use direct labor hours to calculate a predetermined overhead rate to allocate overhead cost to jobs. During the year, the company actually incurred manufacturing overhead costs of $583,000 and 135,000 direct labor hours were worked. The company estimated that it would incur $525,600 of manufacturing overhead during the year and that 150,600 direct labor hours would be worked. Was manufacturing overhead overallocated or underallocated for the year? By how much? (Round intermediary calculations to the nearest cent.) A. $111,850 underallocated B. $57,400 overallocated C. $111,850 overallocated D. $57,400 underallocated